HousingHandbookReference data

U.S. ZIP Code · IL61853

Champaign County · Champaign-Urbana, IL

Typical home value

$347,240[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.1%
5-year / yr
+5.6%
10-year / yr
+4.3%

Relative price

vs U.S.
+22.2%
vs metro
+82.4%
vs state
+81.6%
ZIP 61853 location in IL
Location of ZIP 61853 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 61853 is worth $347,240 — 82.4% above the Champaign-Urbana, IL median. Over the past year, values have risen 4.1%. Homes here rent for a typical $2,027 a month — a 7.0% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,027[2]
Gross yield
7.0%[2]
Cap rate
4.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$6,893[3]

#Climate risk

FEMA National Risk Index ratings for Champaign County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively High
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
14,831[3]
Median household income
$115,512[3]

#Migration

Household moves in and out of Champaign County over a year, from IRS tax-return data.

Net migration
-1,307[5]
Moved in
4,995
Moved out
6,302

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • Mahomet-Seymour High School

    High · Grades 9–12 · Mahomet-Seymour CUSD 3

    1,014 students

  • Middletown Prairie Elementary

    Elementary · Grades PK–2 · Mahomet-Seymour CUSD 3

    818 students

  • Mahomet-Seymour Jr High School

    Middle · Grades 6–8 · Mahomet-Seymour CUSD 3

    790 students

  • Lincoln Trail Elem School

    Elementary · Grades 3–5 · Mahomet-Seymour CUSD 3

    789 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.0%
Net yield (after ~40% expenses)4.2%
Annual rent$24,320

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,756
Loan principal$277,792
Down payment$69,448
Total interest paid$354,308

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.29
Monthly cost to own$2,621
Monthly rent$2,027

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
32nd percentile[1]
Rental yield
29th percentile[2]
Property tax
81st percentile[3]

Frequently asked

How much is a home worth in ZIP code 61853?
The typical home in 61853 is worth $347,240, based on the Zillow Home Value Index.
Are home values rising in 61853?
Home values in 61853 are up 4.1% over the past year, and up 5.6% a year over five years.
What is the typical rent in 61853?
A typical home in 61853 rents for about $2,027 a month, a gross rental yield of 7.0%.
What is the property tax rate in 61853?
The effective property tax rate in 61853 is 2.0% — roughly $6,893 a year on a typical home.
Who lives in 61853?
ZIP code 61853 has a population of 14,831 and a median household income of $115,512.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • White Heath CDP, IL

    Typical home
    $353,464
    Gross yield
  • Savoy, IL

    Typical home
    $356,067
    Gross yield
    4.9%
  • Champaign, IL

    Typical home
    $328,660
    Gross yield
    6.3%
  • Mahomet, IL

    Typical home
    $289,787
    Gross yield
  • St. Joseph, IL

    Typical home
    $282,588
    Gross yield
  • Monticello, IL

    Typical home
    $272,131
    Gross yield

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